250 N First Street 336
Burbank, CA, 91502
$645,000
MLS: SR26065582
Beds
2
Baths
2
Sq Ft
1,000
Lot
1.93 ac
Year Built
2007
MLS #
SR26065582
Days on Market
1
Listed
Mar 27, 2026
Description
Contractor's special! Probate sale. Water damage to floors and cabinetry. Unit is being sold AS IS in current condition and will require rehab. But! Location! Located in the heart of "Beautiful Downtown Burbank," you could not get any closer to the action than this two bedroom, two bathroom contemporary condo. This exterior facing unit is ideally situated with natural light pouring in through floor to ceiling windows and glass doors. Mountain views can be marveled from a large outdoor, covered balcony accessed off the living space and both bedrooms. Inside, you'll find a quiet retreat and a great layout with the bedrooms on opposite ends of the unit for privacy, each with their own bathroom. The large primary suite offers dual sinks, large soaking tub and a separate shower. Custom closets throughout maximize storage. A bright living room flows seamlessly with the dining room and kitchen. Additional features include high ceilings, central heat/AC, in-unit stackable laundry, two secure side-by-side garage parking spaces and a separate lockable storage unit. Both the assigned parking and this unit are conveniently located directly adjacent to the elevator for ease of access. While located in the middle of urban convenience, once inside, this well-maintained, resort-like complex feels surprisingly serene, featuring a private gym, community game room and multiple outdoor green spaces that include a sparkling heated pool with lounge chairs, putting green, BBQ area, fire pit, bocce ball court and fountain. Outside you're literally steps away from all that the city has to offer - a pedestrian-friendly promenade, AMC movie theaters, countless shops and restaurants, and the Burbank Town Center mall. Combine all of this with Burbank's unparalleled city services and highly regarded schools. With a little bit of effort, this unit could easily be upgraded and improved for instant equity. Don't miss this great opportunity at an unbeatable price.
Location
Burbank, Los Angeles County, CA 91502
Open on Google Maps ↗Listed by: Casimira Kneebone · Landon Realty Group
Payment estimate
$4,780
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $64,500 · Loan: $580,500
- Principal & Interest
- $3,567
- Property tax (1.25%)
- $672
- Homeowners insurance
- $300
- Mortgage insurance
- $242
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Burbank home with as little as 3.5% down using an FHA loan — roughly $22,575 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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